Turbulent Flux’ software solutions help companies monitor and predict flow rates in real-time – for more efficient, environmental and economical operations. Their ambition is to connect every oil and gas producing asset in the world with flow simulation software – many operators are on board already today.
Read the original Norwegian version by Innovation Norway here. This English version is a translation by Turbulent Flux.
“We have jointly worked within flow simulation for decades. The industry is in need for more scalable, flexible and economical software solutions for real-time flow insights, and our clients in Europe, North America and Asia prove this global demand for it,” says Halvard Ellingsen, CEO at Turbulent Flux.
Oslo-based software company Turbulent Flux arose through the idea of simplifying work processes and reducing decision-making time within the complexity of understanding multiphase flow (liquids and gas) in wells and pipelines in real-time. Established in 2016, a team of four founders joined forces, amongst them previous Lead-Architect of Schlumberger’s OLGA-software, Lars Wollebaek, now CTO at Turbulent Flux
Innovation Norway as Major Partner
Innovation Norway has been a major partner to Turbulent Flux over the last few years and a contributor to the fast steps the company has taken within their domain.
“Turbulent Flux is a core player within multiphase flow intelligence in Norway; they are an exciting company to follow and support,” says Hans Inge Bollingmo, Senior Adviser at Innovation Norway.
Turbulent Flux has both received financial support and commercial value out of this partnership. “Working with Innovation Norway has allowed us to develop our technology thoroughly and rapidly, and because of this support we were able to take on bigger projects that have more quickly enabled us to get return on our investment,” comments Ellingsen.
During the North American Global Growth Program in 2018, Turbulent Flux was introduced to several shale oil operators that resulted in client relationships within the unconventional market. “Flow simulation is new to shale operations, but it has proven to be spot on for some key players already,” Ellingsen adds.
The company has developed cloud-native software applications that monitor, predict and assess flow rates, instability risk and wax deposition. It uses a unique hybrid technology principle; predictive capabilities of physical models are combined with machine learning models that assist and self-correct data over time. This assures an unprecedented level of accuracy in the market. Having access to quality flow rate predictions and additional flow insights in real-time is the basis for effective production optimization, whereby reducing financial and environmental costs. “It reduces the need for physical meters and instrumentation, person-hours and field services. For example, a shale operator can significantly reduce well testing facilities and with that save millions of dollars annually,” Ellingsen highlights.
The Covid-19 situation has shaped opportunities for the company and has fastened interactions with operators globally. “Where we previously saw a positive but slow adoption to digital solutions like ours, the last 12 months have shown a strategic direction of operators to attend to digitalization and automation within their current production portfolio,“ says Julia Weiss, Chief Marketing & Communication Officer at Turbulent Flux. “Production companies are now most concerned about efficient operations whilst achieving their emission targets. Digital technologies, data automation and data integration are essential to meet these KPIs.”
CO2 Adviser Next
The company is in tight dialogue with industry players like Aker BP and Petronas, discussing how production optimization helps achieve their desired targets. Their next technology development in plan – a CO2 Adviser application for safe and effective CO2 transportation.
“Multiphase flow technology is an essential part of optimizing the development of the Norwegian Continental Shelf, as well as offshore production globally. We know also that our technology will be crucial in assessing CO2-transportation and will provide a significant contribution in the energy transition journey,” says Weiss.
“By monitoring what goes on in your wells and pipelines, flow simulations can help you to investigate relevant carbon emission intensity scenarios and suggest optimal operating procedures, priorities and settings. Our applications can provide insight into improving your production, and efficient production comes with reduced emissions,” concludes Weiss.